Brothers Ambani to connect companies in data, telecom platforms

Wed, Sep 30, 2015, 05:16 PM

Mumbai, Sep 30: Reliance Communications chairman Anil Ambani on Wednesday said his company will partner with elder brother, Mukesh-controlled Reliance Jio to offer each other's subscribers seamless reciprocal access to three generations of data and voice telephony in the country.

Addressing the company's shareholders here, Anil Ambani also said talks were at advanced stages for acquiring the India operations of Sistema Shyam TeleServices, besides hiving off the passive infrastructure of telecom towers into a separate company.

Welcoming the recent decisions on spectrum sharing and trading, Ambani said it will prove a major enabler in improving telecom coverage, the quality of service and monetisation of investments that have already been made in acquiring this scarce but expensive resource.

He said the strategic partnership between his telecom arm and Reliance Jio will be a "game-changer" and extend to the "next level" of co-operation, as talks were in advanced stages for finalising a nationwide trading and sharing arrangements in the 800MHz-850 MHz band.

Reciprocal pacts will be reached on roaming, he said, adding: "This strategic cooperation and partnership between R-JIO and RCom is a virtual consolidation in the telecom sector. I'm grateful to my elder brother Mukesh bhai for his unstinted support and guidance."